GAMMA · 0DTE · FUNNEL
Brent Kochuba
As of 28 September 2026, Brent Kochuba holds 20 current views on Headge, 17 Bullish, 2 Neutral, 1 Bearish. The latest is Bullish on META over 1 Week. Every view links to the original post or video.
SpotGamma. Dealer positioning, gamma levels, 0DTE, OPEX dynamics. Direction public; full levels often paywalled.
VIEWS 5
LAST PUBLISHED 1D AGO
Catch-Up
Generated 08:00 ET
The picture remains tilted toward upside, with $META added to the list on post-launch momentum and supportive options positioning. $SPCX and $TSLA are also framed through options-market mechanics as having room to extend, while elevated NDX 0DTE activity underscores how concentrated short-dated positioning has become. $ERAS is the qualification: options imply a substantial move into clinical data, but offer no directional read.
At Generation 4 Bullish · 1 Neutral · 0 Bear
Mix By Horizon
1 Week
3 BULL 0 NEUT 0 BEAR
1 Month
1 BULL 1 NEUT 0 BEAR
1 Year
0 BULL 0 NEUT 0 BEAR
New Views
Held
Positioning & Vol
HIGHER
NDX 0DTE activity reached 85.1% yesterday, marking the fourth-highest reading ever and the largest share of trading since January 2026. Week SPCX
BULLISH
SpaceX held above the 100 Put Wall after earnings and lockup expiration, supporting a continuation higher toward the 130 Call Wall. Month TSLA
BULLISH
Tesla had upside potential with inexpensive options, and a move toward the 410 High Volatility Point was expected to accelerate higher as gamma turned more negative. WeekGone
Positioning & Vol
BULLISH
S&P 500 skew positioning supports a year-end rally, with call skew near one-year highs and put skew at one-year lows. YearA daily catch-up of talking heads, in fifteen minutes.
Sentiment Graph
Today
SENTIMENT GRAPH
Current Views
ANALYSTDIRECTIONTOPICSUMMARYHORIZONFRESH
Brent Kochuba GAMMA · 0DTE · FUNNEL BULLISH Moderate
META $META rally may have room to extend following the Muse launch, with options traders positioned for further upside. DIRECTION ONLY
Week 1d Brent Kochuba GAMMA · 0DTE · FUNNEL HIGHER Moderate
Positioning & Vol NDX 0DTE activity reached 85.1% yesterday, marking the fourth-highest reading ever and the largest share of trading since January 2026. DIRECTION ONLY
Week 3d Brent Kochuba GAMMA · 0DTE · FUNNEL BULLISH Strong
SPCX SpaceX held above the 100 Put Wall after earnings and lockup expiration, supporting a continuation higher toward the 130 Call Wall. LEVELS · SUPPORT 100 · RESISTANCE 130
Month 3d Brent Kochuba GAMMA · 0DTE · FUNNEL BULLISH Strong
TSLA Tesla had upside potential with inexpensive options, and a move toward the 410 High Volatility Point was expected to accelerate higher as gamma turned more negative. LEVELS · SUPPORT 390 · RESISTANCE 400 · TARGET 410
Week 3d Brent Kochuba GAMMA · 0DTE · FUNNEL HIGHER Moderate
Positioning & Vol VIX could respond sharply lower if the MOVE Index declines, putting a near-term bid into US stocks and equity index futures. DIRECTION ONLY
Week 3d Brent Kochuba GAMMA · 0DTE · FUNNEL NEUTRAL Neutral
ERAS $ERAS options pricing anticipates a large stock move heading into the November 20 clinical data announcement, without specifying an upside or downside direction. DIRECTION ONLY
Month 4d Brent Kochuba GAMMA · 0DTE · FUNNEL HIGHER Strong
Positioning & Vol S&P 500 negative delta reached a record -$20 billion while the index fell only 75 basis points, signaling exceptionally elevated negative gamma positioning. DIRECTION ONLY
Week 4d Brent Kochuba GAMMA · 0DTE · FUNNEL BULLISH Strong
Positioning & Vol S&P 500 skew positioning supports a year-end rally, with call skew near one-year highs and put skew at one-year lows. DIRECTION ONLY
Year 5d Brent Kochuba GAMMA · 0DTE · FUNNEL NEUTRAL Neutral
META $META call volume reached 1.8 million contracts, its highest level since October 2022, signaling unusually elevated options activity without an explicit price-direction call. DIRECTION ONLY
Week 7d Brent Kochuba GAMMA · 0DTE · FUNNEL HIGHER Strong
Positioning & Vol Short-dated equity index calls have become much more expensive today as VIX rose alongside SPX and NDX gains, while two-to-three-month calls have not followed. DIRECTION ONLY
Week 7d Brent Kochuba GAMMA · 0DTE · FUNNEL HIGHER Moderate
Positioning & Vol Upside volatility is running hotter than downside volatility in the Nasdaq and S&P, while quarter-end FOMO and post-OPEX realized volatility could intensify quickly. DIRECTION ONLY
Week 7d Brent Kochuba GAMMA · 0DTE · FUNNEL HIGHER Moderate
Positioning & Vol $NDX volatility is jumping higher during the rally, with November skew showing that the move was clearly not priced in. DIRECTION ONLY
Week 7d Brent Kochuba GAMMA · 0DTE · FUNNEL BULLISH Weak
Positioning & Vol SPX 7475 is a near-term focal point, as a large 20,000-contract 0DTE call position may provide upward influence on trading. LEVELS · TARGET 7475
Week 7d Brent Kochuba GAMMA · 0DTE · FUNNEL BULLISH Moderate
QQQ Nasdaq appears positioned for upside as heavy technology volatility looks cheap relative to July extremes, following an 8% decline during the volatility spread re-sync. DIRECTION ONLY
Month 7d Brent Kochuba GAMMA · 0DTE · FUNNEL HIGHER Moderate
Positioning & Vol Oil options positioning has shifted toward buying both tails in $USO even as OVX has fallen more than 50% from its March highs. DIRECTION ONLY
Week 8d Brent Kochuba GAMMA · 0DTE · FUNNEL BULLISH Moderate
CELH $CELH insider purchases totaling roughly $1.8 million over six days have not yet been reflected in options-market positioning. DIRECTION ONLY
Week 8d Brent Kochuba GAMMA · 0DTE · FUNNEL BULLISH Moderate
NVDA $NVDA calls offer inexpensive upside exposure, with call-skew percentiles above 90 while implied-volatility ranks remain at or below 7. DIRECTION ONLY
Week 10d Brent Kochuba GAMMA · 0DTE · FUNNEL HIGHER Weak
Positioning & Vol Equity-market volatility could finally produce a 3% move tomorrow, ending a 337-day stretch without a move of that magnitude. DIRECTION ONLY
Week 12d Brent Kochuba GAMMA · 0DTE · FUNNEL HIGHER Strong
Positioning & Vol Technology volatility looks set to expand in realized and implied terms into the FOMC, with short-dated put flies positioned for a potentially nasty reaction. DIRECTION ONLY
Week 12d Brent Kochuba GAMMA · 0DTE · FUNNEL LOWER Weak
Positioning & Vol VIX expiration removes 42% of contracts at 9:30 a.m. EST, while market makers remain short calls at roughly half their prior size and FOMC-linked volatility mutes impacts. DIRECTION ONLY
Week 12dWordcloud
Direction By Day
| 15 SEP | 16 SEP | 17 SEP | 18 SEP | 19 SEP | 20 SEP | 21 SEP | 22 SEP | 23 SEP | 24 SEP | 25 SEP | 26 SEP | 27 SEP | 28 SEP | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CELH | · | · | · | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · | · |
| ERAS | · | · | · | · | · | · | · | · | · | · | ■ | ■ | ■ | ■ |
| Fed Policy | · | ▼ | ▼ | ▼ | ▼ | ▼ | · | · | · | · | · | · | · | · |
| META | · | · | · | · | · | · | · | ■ | ■ | ■ | ■ | ■ | · | ▲ |
| NVDA | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · | · | · | · | · |
| Positioning & Vol | ▼ | ▼ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ |
| QQQ | · | · | · | · | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · |
| SMH | ▲ | · | · | · | · | · | · | · | · | · | · | · | · | · |
| SPCX | · | · | · | · | · | · | · | · | · | · | · | ▲ | ▲ | ▲ |
| SPY | ▼ | · | · | · | · | · | · | · | · | · | · | · | · | · |
| TLT | · | ▼ | ▼ | ▼ | ▼ | ▼ | · | · | · | · | · | · | · | · |
| TSLA | · | · | · | · | · | · | · | · | · | · | · | ▲ | ▲ | ▲ |
| UBER | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · | · | · | · | · | · | · |
Sentiment Heatmap
| 15 SEP | 16 SEP | 17 SEP | 18 SEP | 19 SEP | 20 SEP | 21 SEP | 22 SEP | 23 SEP | 24 SEP | 25 SEP | 26 SEP | 27 SEP | 28 SEP | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CELH | · | · | · | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · | · |
| ERAS | · | · | · | · | · | · | · | · | · | · | ■ | ■ | ■ | ■ |
| Fed Policy | · | ▼ | ▼ | ▼ | ▼ | ▼ | · | · | · | · | · | · | · | · |
| META | · | · | · | · | · | · | · | ■ | ■ | ■ | ■ | ■ | · | ▲ |
| NVDA | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · | · | · | · | · |
| Positioning & Vol | ▼ | ▼ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ | ▲ |
| QQQ | · | · | · | · | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · |
| SMH | ▲ | · | · | · | · | · | · | · | · | · | · | · | · | · |
| SPCX | · | · | · | · | · | · | · | · | · | · | · | ▲ | ▲ | ▲ |
| SPY | ▼ | · | · | · | · | · | · | · | · | · | · | · | · | · |
| TLT | · | ▼ | ▼ | ▼ | ▼ | ▼ | · | · | · | · | · | · | · | · |
| TSLA | · | · | · | · | · | · | · | · | · | · | · | ▲ | ▲ | ▲ |
| UBER | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · | · | · | · | · | · | · |
Comments
0 REMARKS